Cohen Eran 4
4 · New York & Company, Inc. · Filed May 30, 2013
Insider Transaction Report
Form 4
Cohen Eran
EVP, Chief Marketing Officer
Transactions
- Tax Payment
Common Stock
2013-05-28$5.70/sh−35,146$200,332→ 80,117 total - Exercise/Conversion
Stock Appreciation Rights
2013-05-28−200,000→ 250,000 totalExercise: $3.27Exp: 2020-10-25→ Common Stock (200,000 underlying) - Disposition to Issuer
Common Stock
2013-05-28$5.70/sh−114,737$654,001→ 115,263 total - Exercise/Conversion
Common Stock
2013-05-28$3.27/sh+200,000$654,000→ 230,000 total - Sale
Common Stock
2013-05-28$5.70/sh−26,061$148,548→ 54,056 total
Footnotes (6)
- [F1]Represents shares of common stock received upon exercise of stock appreciation rights ("SARs").
- [F2]Represents disposition of shares to the Company deemed to occur upon the exercise of the SARs.
- [F3]Represents a transaction involving a disposition to the Company of equity securities to satisfy tax withholding obligations upon exercise of SARs.
- [F4]Includes 24,056 shares of common stock and 30,000 shares of previously awarded restricted stock that vests on April 16, 2015.
- [F5]Each SAR represents the right to receive a payment measured by the increase in the fair market value of one share of common stock from the date of grant of the SAR to the date of exercise of the SAR. The stock price of the Company's common stock on May 28, 2013, the date of exercise, was $5.70.
- [F6]The SARs vested on the following dates: 100,000 SARs on October 25, 2011 and 100,000 SARs on October 25, 2012. Each SAR represents the right to receive a payment measured by the increase in the fair market value of one share of common stock from the date of grant of the SAR to the date of exercise of the SAR. Upon exercise the SARs will be settled in stock.